How to buy medical insurance for a baby born in the United States when returning to China

If you are planning to register your baby as soon as possible:

If you are planning to register your baby after returning to China, then you can Purchasing the social insurance provided by the Chinese government is characterized by its low price (tens of RMB per year), and the maximum amount of compensation is generally 50% of the total medical expenses. Therefore, if you feel that the insurance coverage is not enough, you can refer to Not Prepared The insurance you will buy when registering your baby:

Second, if you are not planning to register your baby:

If you are not planning to register your baby, there are two situations:

1. If the insurance provided by the parents’ unit allows the baby to join, the baby can join this type of medical insurance.

2. If the parents do not have such insurance, they can purchase a medical insurance for their baby.

The operating models of many well-known insurance companies in the United States are very different from those in China. Generally speaking, insurance companies in the United States will not hire full-time insurance agents because the cost is too high. High; usually they will give their product agency rights to insurance agencies, and these companies will help sell and give a certain commission. The advantage of this is that it can gather the strength of many agency companies to sell their own products, and the agency company can also provide different insurance product purchase suggestions according to the needs of different customers.

Comparison of insurance companies:

Comparing international medical insurance around the world, there are only 5 insurance companies suitable for infants:

Mainland China’s MSH, BUPA , Cigna

IMG in the United States, Seven Corner

Among them, mainland China’s MSH, BUPA, and Cigna all cover vaccines, but the premiums are much higher (2-5 times those in the United States). One person and one child are required to be insured;

IMG and Seven Corner in the United States: cost-effective; the upper limit of claims is US$3-8 million, but there are no vaccines in the first year of insurance. The premium is US$700-1,000 per year. IMG's insurance can be used for no more than 6 months after returning to the United States; Seven Corner cannot be used in the United States, and there are very few direct-pay hospitals in mainland China.

Generally, the IMG insurance in the United States is the most popular choice among mothers. Although the deductible of this insurance is relatively high (usually 250 US dollars, and compensation will only be paid after exceeding 250 US dollars), compared with domestic investment promotion, Insurance like Cigna is much cheaper. And if you have lived in the United States, you will know that many commercial insurances in the United States have Deductible, which can cost several thousand. IMG's global medical insurance is mainly divided into 4 levels, silver, gold, gold

plus, platinum. The main difference is the amount and scope of compensation. You can go to its official website to understand and evaluate the differences. Check out the price. For example, if you buy gold plus IMG global medical insurance, the deductible is US$250 and the price is about 10,000 yuan. Although it does not cover vaccines, due to other diseases, the accident compensation limit is very high, and the premium plus one year of self-pay for vaccines is still much cheaper than domestic high-end medical insurance. The biggest advantage is that it also covers return to the United States for 6 months, which is a protection that other insurances do not have.

IMG’s global health insurance

Insurance can be purchased individually for the baby or as a couple. If the couple is insured together, two children under the age of 9 can join the insurance for free. Planned Offers.

Its characteristic is that it has contracts with private hospitals in many countries around the world. These hospitals are called "direct compensation hospitals". If the baby goes to these hospitals for medical treatment in the future, the parents do not have to pay, and the hospital will settle the expenses directly with the insurance company. For China, it also covers dozens of first- and second-tier cities. Famous private hospitals such as United Family Hospital and Meihua Hospital in Shanghai are all on this list. You can do your homework to see which hospitals are covered by the China-Japan Friendship Hospital in Beijing, Huashan East Hospital in Shanghai, and the Provincial People's Hospital in Nanjing.

As we all know, some well-known public pediatric hospitals in China are overcrowded every day. In order to see their children as early as possible, parents often need to go early to get the number and queue up, which is very hard. However, private hospitals often do not need to queue up and the services are The attitude and environment are also much better. In addition, this insurance also covers some public hospitals, such as the Children's Hospital of Fudan University, National Maternity and Infant Hospital, etc. The insurance company also covers the full cost of medical treatment in these public hospitals, but the operation is slightly different. Parents need to pay in advance, and then Fax the medical records and checklist to the insurance company, and the insurance company will then issue a check for payment.

Of course, IMG’s insurance also has some additional conditions. For example, if you want to see a doctor in all contracted hospitals (whether public or private, as long as they are on the cooperative list), you must spend at least US$250 (public) or Only after paying USD 125 (private) can you enjoy full compensation. For example, if you take your baby to a cooperative private hospital for outpatient treatment for the first time, the overall cost is 125 US dollars. Then you have to pay this money out of your own pocket, but from the second time onwards, no matter how much the cost is, it will be included in the coverage of this insurance. Within, you will receive full compensation. This is just like many insurances in the United States that have deductibles. Every year, the patient has to pay part of the money first, and the insurance company pays the rest.

If it is an emergency, whether it is a public or direct compensation hospital, parents need to pay in advance, and then the insurance company will pay by check.

Also, for newborns, vaccines within the first year are not covered by this insurance. Unless your baby starts receiving vaccines in the 13th month of your insurance, then it will be covered. . In other words, if the parents purchase the insurance together and the mother becomes pregnant within a few months after purchasing the insurance, then all medical expenses will be covered as soon as the baby is born. Of course, pregnancy and delivery expenses are not included.

Vaccine costs

If your child’s vaccines are all imported, the approximate cost of vaccines within one year is about 11,000. However, some of China’s second-category vaccines, which are self-funded, are different from those in the United States. For example, the 2012 pneumonia vaccine in the United States is 13-price, while in China it is 7-price. For example, newborns in the United States are not vaccinated with the BCG vaccine to prevent tuberculosis, but in China it is required.

How to apply

Newborns can apply 14 days after birth. The following information is required when applying:

Official documents such as passport number, name and surname, date of birth, height and weight, home address, contact number and email address, past medical history, date and reason of the last doctor’s visit and Results, doctor's contact information, payment credit card (category, card number, name on the card, expiration date, identification code), etc.

Claim settlement method

Claim settlement should occur within 90 days. No matter which method is used to settle the claim, the insurance company will notify the customer of the result within approximately 30 days after receiving the claim application. Available via email.

1. Direct compensation method:

The insurance company directly pays qualified medical expenses to the contracted hospital or doctor. The hospital or doctor fills out the claim form and submits the original detailed bill together. To the insurance company, you can fax, mail or email.

2. Customer self-reimbursement method:

No matter which non-direct payment hospital or doctor you receive treatment, you need to apply for claim by yourself: fill in the claim form yourself and submit the original Detailed bills can be submitted to the insurance company together, by fax, mail or email, without entering the United States, which is very convenient.

Finally, let’s introduce two types of life insurance that non-Americans can also purchase, and the procedures are relatively simple. It is suitable for Chinese people who have good economic conditions in the country and plan to settle in the United States for a long time in the future. As we all know, the inheritance tax in the United States is very high, which has also led to more and more families purchasing life insurance, because according to the insurance laws of the United States, only life insurance can avoid high inheritance taxes, and the money in life insurance does not need to be taxed. Both life insurance policies are aimed at adult parents. From now on, you will deposit US dollars into the insurance every year. ING's life insurance is based on the three major global indexes and is a capital-guaranteed product. New York Life's life insurance is based on a certain The bonus percentage adds up to your deposit every year. For both products, you can choose the time to withdraw cash, or you can suspend payment and then renew. Generally, they can be reinstated within three years. ING's products can also be combined into a children's education fund. In the future, you can pay a fee from the account every year to fund your children's schooling. Of course, you can also choose not to withdraw it and keep depositing it. When you pass away, this policy will be It is automatically transferred to your children, and they can choose to withdraw cash, partially withdraw cash, or continue to purchase insurance.

Some wealthy people in China will choose this kind of life insurance for similar asset transfers or to prepare for avoiding inheritance taxes in the future. So wealthy bosses buy a lot.

In addition, the United States does not have a separate accident insurance category, and the protection of personal information is also in place. When purchasing life insurance, the policyholder will be required to undergo a designated physical examination. The insurance company will decide whether to insure the policy based on the examination results, or whether the insurance amount needs to be increased. The historical medical records of all Americans can be found based on each person's Social Security number. You don't need to tell it yourself. In other words, you don't even have a chance to lie. This integrity protection system also provides a basis for insurance companies to promote insurance products in the United States. Many American families purchase more or less different types of insurance?